"I want to join my friend and colleague Paul Ryan in congratulating you, Dr. Elmendorf, on being reappointed."
"Immediate, deep cuts will not create a single job."
"the legislation was responsible for saving and creating between 1.3 and 3.4 million jobs."
"The sooner we make a decision to put in place a plan to deal with the debt in the outyears, the less painful it would be."
"that cut will result in between 36,800 and 50,600 fewer engineering and construction jobs."
"Now, it is true, isn't it, that if you were to make immediate deep cuts, that would have a--that would be a drag, at least in some measure, on the economy and the jobs in the short term; is that right..."
"The levels of debt that are projected in the CBO report in the outyears are unacceptable and unsustainable."
"I think we agree that you and your team have been an incredibly professional organization."
"If we were to throw out the CBO numbers, whether we sometimes agree with them or not, it would be a recipe for budget and fiscal chaos."
"Mr. Chairman, if I could just briefly on that."
"the most important thing we can do as a country is to put together a credible, long-term plan for fiscal sustainability."